Red Sea cable cuts highlight need for subsea resilience
On Friday, IMCA warned governments to prioritise subsea resilience after Red Sea cable cuts…
Tag: Red Sea
April energy bills predicted at £1,620
Despite Red Sea disruptions, April 2024 energy price cap forecasts show £40 annual decrease…
Global oil supply set to reach record high in 2024
The IEA's oil outlook projects a record-high global supply of 103.5 million barrels per…
Centrica boss on his £4.5m salary: “You can’t justify a salary of that size”
Chris O'Shea, Centrica CEO, discussed the energy price cap in an interview, indicating…
Octopus chief forecasts lower UK energy bills in April
Octopus Energy's Chief Executive Officer Greg Jackson predicted that the forthcoming…
Businesses urged to rethink energy strategies amid Red Sea unrest
Consultants suggest businesses rethink how they use energy due to conflicts in the Red Sea,…
Global energy markets at risk amid Red Sea tensions
Experts caution against potential global impacts on energy markets due to escalating tensions…
Tesla halts German production amid Red Sea shipping attacks
Tesla Giga Berlin has announced a temporary production pause from 29th January to 11th…
New energy crisis looms amid Red Sea attacks
Experts have expressed concerns that ongoing attacks on shipping in the Red Sea could further…
Ship to arrive and prevent massive oil spill in Yemen
The ship in question holds four times the amount of oil carried by the Exxon Valdez, which…
